Tesla confirmed in a new software update that its vehicles are now scanning for rough roads, like potholes, to help avoid them damaging the vehicles by adjusting the suspension. In order to achieve full self-driving, a system would have to be able to handle a wide range of different scenarios, including different weather and road… Continue reading Tesla vehicles are now scanning for potholes and rough roads to help avoid them
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Chinese chipmaker CanSemi rakes in $672m to expand production facilitiesThe capital will help CanSemi move forward with plans of investing $5.5b in bu…
China’s CanSemi Technology has raked in 4.5 billion yuan (about $672 million) in a new funding round to invest in the construction of new facilities and expand its production of industrial and automobile chips. CanSemi, which focuses on the mass production of 12-inch silicon wafers, secured the fresh capital from investors including Guangzhou Yuexiu Industrial… Continue reading Chinese chipmaker CanSemi rakes in $672m to expand production facilitiesThe capital will help CanSemi move forward with plans of investing $5.5b in bu…
Indonesian conglomerate Astra International buys 49% stake in Bank Jasa for $259m
Indonesian conglomerate Astra International announced on Monday that it acquired a 49.56% stake in the local lender Bank Jasa Jakarta for 3.87 trillion rupiah ($258.56 million). The transaction is understood to be part of Astra’s strategy to double down on Indonesia’s lucrative digital banking sector. According to a disclosure to the Indonesia Stock Exchange (IDX),… Continue reading Indonesian conglomerate Astra International buys 49% stake in Bank Jasa for $259m
Thai mobile operator AIS plans $900m broadband expansion
Thai mobile operator, Advanced Info Service Pcl (AIS), plans to invest 32.4 billion baht ($908.84 million) to acquire Triple T Broadband and units held by the JASIF infrastructure fund, AIS said on Monday. “This acquisition will enhance consumer access … by improving broadband inclusion in new areas targeting the up-country and non-city areas,” Chief Financial Officer Tee Seeumpornroj said in a stock exchange filing.… Continue reading Thai mobile operator AIS plans $900m broadband expansion
Geely founder’s venture bet big on smartphones after Meizu stake buy
A venture run by the founder of Chinese automaker Zhejiang Geely Holding said on Monday it will look to break uniformity in the smartphone industry, as it completed a purchase of a majority stake in handset brand Meizu. The deal by Hubei Xingji Shidai Technology Co Ltd, which was launched by Geely‘s chairman Eric Li last year as part of a push by the automaker into premium… Continue reading Geely founder’s venture bet big on smartphones after Meizu stake buy
Hong Kong’s ESR sells $730m China logistics portfolio to global investor
Hong Kong-based ESR Cayman Ltd announced that it has agreed to sell an 873,000 square meter balance sheet portfolio in China to an unnamed global institutional investor. The announcement said the portfolio is worth about $730 million, with the transaction representing the largest self-developed balance sheet sell-down for ESR to date. The portfolio, which is… Continue reading Hong Kong’s ESR sells $730m China logistics portfolio to global investor
Cleantechnica: Inflation, Tesla Prices, Tesla Demand, & The Future Of Tesla 002089
As inflationary pressure has hit raw materials over the past few months, the auto industry has struggled to keep investors and consumers both happy. Electric vehicle maker Tesla hasn’t been immune to the effects of inflation either, and how it’s faring against other automakers is still yet to be determined. The U.S. consumer price index for… Continue reading Cleantechnica: Inflation, Tesla Prices, Tesla Demand, & The Future Of Tesla 002089
Man Who Accidentally Got Paid 330x His Salary Quits, Disappears
Can you blame him? Peace Out A guy in Chile really hit the jackpot this week when his employer accidentally paid him 330 times his salary on accident. An Insider report yesterday said authorities haven’t released the man’s name, but that he’s been “uncontactable” and has basically disappeared. Meat factory CIAL Alimentos paid the man… Continue reading Man Who Accidentally Got Paid 330x His Salary Quits, Disappears
Lawyers and Doctors Struggle to Figure Out Who’s Actually Dead
Image by Getty / Futurism The legal definition of death is ever-evolving. Yesterday’s Daily Beast report detailed just how hard it is to legally define death, which before 1959 was defined simply as the heart and lungs ceasing to function. But after French physicians discovered “coma dépassé,” which means “beyond a coma,” legal clarification was… Continue reading Lawyers and Doctors Struggle to Figure Out Who’s Actually Dead
British army Twitter and YouTube accounts compromised to promote crypto scams
The British army is investigating an apparent hack after its official Twitter and YouTube accounts were compromised on Sunday. News of the breach was first reported by Web3 is Going Great. According to the blog, both accounts were simultaneously compromised to promote two different cryptocurrency scams. Although it has since been scrubbed, the army’s verified… Continue reading British army Twitter and YouTube accounts compromised to promote crypto scams